MMFL

M M FORGINGS

Small Cap BSE: 522241 NSE: MMFL
₹855.00
-35.8 (-4.02%)
As on 10 December, 2022 | 08:22

M M Forgings Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

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M M Forgings Share Price

M M Forgings Share Returns

  • Over 1 Month 8.84%
  • Over 3 Month -4.88%
  • Over 6 Month -3.93%
  • Over 1 Year 13.71%

M M Forgings Key Statistics

M M Forgings Investment Rating

  • Master Rating:
  • M M Forgings has an operating revenue of Rs. 1,314.39 Cr. on a trailing 12-month basis. An annual revenue growth of 43% is outstanding, Pre-tax margin of 11% is healthy, ROE of 16% is good. The company has a debt to equity of 63%, which is bit higher. The stock from a technical standpoint is trading close to its 200DMA and around 8% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 17% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 77 which is a FAIR score but needs to improve its earnings, a RS Rating of 43 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at A- which is evident from recent demand for the stock, Group Rank of 63 indicates it belongs to a poor industry group of Steel-Producers and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

M M Forgings Financials
IndicatorSep 2022Jun 2022Mar 2022Dec 2021Sep 2021Jun 2021Mar 2021
Oper Rev Qtr Cr 342327314289254234285
Operating Expenses Qtr Cr 280272260233214196229
Operating Profit Qtr Cr 62555356484358
Depreciation Qtr Cr 17161515151517
Interest Qtr Cr 7767778
Tax Qtr Cr 111097334
Net Profit Qtr Cr 32302931282430

M M Forgings Technicals

EMA & SMA

Current Price
855.
-35.8 (-4.02%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 861.46
  • 50 Day
  • 845.78
  • 100 Day
  • 847.33
  • 200 Day
  • 833.17
  • 20 Day
  • 865.02
  • 50 Day
  • 822.27
  • 100 Day
  • 866.02
  • 200 Day
  • 854.79

M M Forgings Resistance and Support

PIVOT
₹887.62
Resistance
First Resistance 902.59
Second Resistance 914.37
Third Resistance 929.34
RSI 50.23
MFI 60.09
MACD Single Line 18.52
MACD 17.28
Support
First Resistance 875.84
Second Resistance 860.87
Third Resistance 849.09

M M Forgings Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 27,441 1,634,935 59.58
Week 31,286 1,636,237 52.3
1 Month 37,439 2,190,930 58.52
6 Month 44,023 2,347,294 53.32

M M Forgings Result Highlights

M M Forgings Synopsis

NSE-Steel-Producers

M M Forgings Ltd. is involved in the business activities of Forging, pressing, stamping and roll-forming of metal; powder metallurgy. Company’s Total Operating Revenue is Rs. 1104.64 Cr. and Equity Capital is Rs. 24.14 Cr. for the Year ended 31/03/2022. M M Forgings Ltd. is a Public Limited Listed company incorporated on 21/02/1946 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L51102TN1946PLC001473 and registration number is 001473.
Market Cap 2,064
Sales 1,272
Shares in Float 1.06
No of funds 35
Yield 0.7
Book Value 3.57
U/D Vol ratio 1.1
LTDebt / Equity 60
Alpha 0.06
Beta 0.77

M M Forgings

Owner NameSep-22Jun-22Mar-22Dec-21
Promoters 56.34%56.34%56.34%
Mutual Funds 16.11%17.59%19.11%
Foreign Portfolio Investors 0.91%0.82%0.78%
Individual Investors 22.7%21.63%20.46%
Others 3.94%3.62%3.31%

M M Forgings Management

Name Designation
Mr. N Srinivasan Chairman
Mr. Vidyashankar Krishnan Vice Chairman & Mng.Director
Mr. K Venkatramanan Joint Managing Director
Mr. V Vaidyanathan Director
Mr. A Gopalakrishnan Director
Mrs. Kavitha Vijay Director
Mrs. Sumita Vidyashankar Director

M M Forgings Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

M M Forgings Corporate Action

Date Purpose Remarks
2022-11-14 Quarterly Results
2022-08-10 Quarterly Results
2022-05-25 Audited Results
2022-02-07 Quarterly Results
2021-11-08 Quarterly Results
Date Purpose Remarks
2022-06-07 INTERIM Rs.6.00 per share(60%)Interim Dividend
2021-07-02 INTERIM Rs.5.00 per share(50%)Interim Dividend

M M Forgings MF Shareholding

Name Amount(cr)
HDFC Hybrid Equity Fund Growth 19588
HSBC Small Cap Fund Fund Regular Growth 8496
PGIM India Midcap Opportunities Fund Regular Growth 7577
Franklin India Smaller Companies Fund Growth 7422
HDFC Multi Cap Fund Regular Growth 6017

M M Forgings FAQs

What is Share Price of M M Forgings ?

M M Forgings share price is ₹855 As on 10 December, 2022 | 08:08

What is the Market Cap of M M Forgings ?

The Market Cap of M M Forgings is ₹2064 Cr As on 10 December, 2022 | 08:08

What is the P/E ratio of M M Forgings ?

The P/E ratio of M M Forgings is 17.3 As on 10 December, 2022 | 08:08

What is the PB ratio of M M Forgings ?

The PB ratio of M M Forgings is 3.7 As on 10 December, 2022 | 08:08

Q2FY23